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Zone Euro : l'austérité pour tous, tous pour l'austérité ?: Perspectives économiques 2012-2013 pour l'économie européenne

Author

Listed:
  • Christophe Blot

    (Observatoire français des conjonctures économiques)

  • Danielle Schweisguth

    (Observatoire français des conjonctures économiques)

  • Céline Antonin

    (Observatoire français des conjonctures économiques)

Abstract

Quatre ans après le début de la Grande Récession, le PIB de la zone euro est toujours inférieur à son niveau d'avant-crise. La reprise observée depuis la fin de l'année 2009 aura été insuffisante pour compenser les pertes subies. Surtout, la zone euro plonge de nouveau en récession depuis la fin de l'année 2011. La principale explication de cette situation tien à la stratégie budgétaire menée par l'ensemble des états membres.En souhaitant ramener rapidement des déficits budgétaires vers le seuil des 3%, les pays de la zone euro ont mis en place de vaste plan d'économies budgétaires. Ce faisant, ils ont freiné l'activité, à la fois via la baisse conjuguée de la demande interne, et de la demande adressée........

Suggested Citation

  • Christophe Blot & Danielle Schweisguth & Céline Antonin, 2012. "Zone Euro : l'austérité pour tous, tous pour l'austérité ?: Perspectives économiques 2012-2013 pour l'économie européenne," Sciences Po publications info:hdl:2441/f4rshpf3v1u, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/f4rshpf3v1umfa09la8r7j52k
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    References listed on IDEAS

    as
    1. Thomas Laubach & John C. Williams, 2003. "Measuring the Natural Rate of Interest," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 1063-1070, November.
    2. Bauer, Michael D. & Rudebusch, Glenn D., 2016. "Why Are Long-Term Interest Rates So Low?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    3. Leduc, Sylvain & Rudebusch, Glenn D., 2014. "Does slower growth imply lower interest rates?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
    4. John C. Williams, 2003. "The natural rate of interest," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue oct31.
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